Profits at the UK’s biggest energy supplier British Gas ballooned to a record of almost £1 billion in the first half of the year at a time when millions of families were struggling to pay their bills.
British Gas’s owner, energy giant Centrica, said the near tenfold increase in profits to £969 million in the six months to June was “mainly due to oneoff factors” linked to the operation of Ofgem’s price cap.
